Redico, the owner of 677 Ala Moana, has announced that company plans to spend $14 million to renovate the 12-story building. Formerly known as the Gold Bond Building, 677 Ala Moana is primarily and office building whose land lease is owned by Kamehameha Schools. Redico was asked by Kamehameha Schools to change the aesthetics of the building to assimilate to the new master-planned redevelopment of Kakaako. Paul Quintiliani, the director of the commercial real estate division at Kamehameha Schools, stated, “They have a great new design and redevelopment plan. We are happy to extend a ground lease with a building owner willing to invest money to improve this community asset.” The renovation will begin later this year and should be completed by the end of 2014. The architect will be MGA Architecture, and the general contractor will be Swinerton Builders.
Source: Honolulu Star Advertiser, 5-29-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
